Final answer:
The Seven Years' War ended in 1763 and resulted in France losing her colonial empire. The war concluded with the Treaty of Paris, which saw France surrendering all her territories in North America to Britain. It also led to a considerable increase in Great Britain's financial burden.
Step-by-step explanation:
The Seven Years' War that ended in 1763 cost France her colonial empire. This global conflict, which began as a fight for dominance between European powers, mainly Great Britain and France, ended with the signing of the Treaty of Paris in February 1763. Under the terms of this treaty, France surrendered all its territories in North America to Britain, as well as outposts in the Caribbean, India, and Africa, essentially marking the demise of the French colonial empire in America.
The war also left a deep financial impact on Great Britain, nearly doubling its national debt and consuming more than half the national budget. Despite these challenges, Britain emerged from the war as the dominant empire in North America, gaining control over territories east of the Mississippi. However, attempts to handle this debt through imperial reforms led to considerable stress within the empire, eventually leading to the American Revolutionary War.
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